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Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Business Wire - Tue Jul 26, 2022

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2022 third-quarter dividend on its Preferred Stock Series B of $0.9463963 per share. The company also announced a 2022 third-quarter dividend on its common stock of $0.11 per share.

Both common stock and preferred stock dividends will be paid on September 15, 2022, to the respective stockholders of record at the close of business on September 2, 2022.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

Provided Content: Content provided by Business Wire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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